Blog - Page 4276 of 5703

FridayFeb 20, 2009 6:49 am

Cord Blood America Inc. (CBAI.OB): President Obama Guarantees Stem Cell Work

Cord Blood America's focus is on preserving stem cells, taken from the blood remaining in the umbilical cord and placenta after birth, to combat life-threatening illnesses. Research and development has shown that cord blood stem cells have tremendous future value for treating blood disorders and genetic diseases because the concordant stem cells in blood can be developed to match a patient’s own blood. Earlier this month President Obama guaranteed lawmakers that he will sign an executive order overturning President Bush’s embryonic stem cell research policy. Mr. Obama said the executive order would be coordinated with Congress on timing and that…

FridayFeb 20, 2009 5:06 am

Axial Vector Energy Corporation (AXVC.PK) Meets Energy Concerns with a Variety of Engine and Generator Solutions

Energy is in the forefront of discussions in the US government and with consumers. Everyone seems to be seeking information on how to conserve energy, find alternative sources of energy, and new methods to store energy. Axial Vector Energy Corporation (AXVC.PK) is a company that owns, develops, and licenses proprietary intellectual property. The company has applied the technology to create smaller and more-lightweight internal combustion engines that produce more horsepower and three-times more torque than traditional engines of the same size. At this time, Axial is developing the client-base for four separate technologies: a multi-fuel engine, a marine/aviation “gas cam”…

ThursdayFeb 19, 2009 1:12 pm

Stratos Renewables Corp. (SRNW.OB) Selling at Discount in the Wake of Wall Street; Bounceback to Come from Investor Confidence in Alternative Energy

Stratos Renewables Corp. (SRNW.OB) shares fell 11% in today’s trading, caught in the wake of the broader market as Wall Street takes another day of losses. Still, there’s reason to believe shares will be among the first to bounce back. In Colorado, state executives are optimistic of President Obama’s new stimulus package, which is expected to generate a boost for the state’s renewable energy companies. While Stratos’ Peruvian operation is far more than a stone’s toss from Colorado, the energy, support and publicity of renewable energy is sure to rise, boosting investor confidence in the alternative energy industry. Though the…

ThursdayFeb 19, 2009 9:53 am

COMSYS IT Partners, Inc. (CITP) Revenues and Net Income Reach Top End of Guidance

COMSYS IT Partners, Inc. announced this morning that its fourth quarter revenue and net income (excluding the goodwill impairment charge discussed below) were both at the top end of the range of guidance provided earlier. Revenue was $176.0 million, down 4.0% from $183.3 million during the fourth quarter of 2007, while net loss totaled $82.6 million, or $4.03 per common share, compared to net income of $8.7 million, or $0.43 per share, in the fourth quarter of 2007. The Company recorded a non-cash, after-tax goodwill impairment charge of $86.0 million, or $4.38 per share, during the fourth quarter of last…

ThursdayFeb 19, 2009 9:33 am

Beacon Equity Research Featured Company: Nitro Petroleum Inc. (NTRO.OB)

Nitro Petroleum Inc. focuses its efforts on exploring and developing oil and natural gas properties in the United States. The Company has interests in three prospects covering 240 acres (the East Moreland, West Moreland, and Farley leases) in Nowata County, Oklahoma. Additionally, Nitro Petroleum is developing a Barnett Shale joint venture project covering 7,000 mineral acres. This project contains 24 operating wells that produce approximately 400 barrels of oil and 2.5 million cubic feet of gas per day. Nitro Petroleum pursues joint venture projects in highly productive areas and redevelops mature fields through the use of innovative technologies. The company…

ThursdayFeb 19, 2009 9:27 am

Hunt Gold Corp. (HGLC.PK) Joint Venture Company Purchases an Additional 800 Million Shares

Moments ago, Hunt Gold Corp. announced that its Joint Venture Company, a partnership between Hunt Gold and a Mining Fund to acquire shares of HGLC, acquired another 800,000,000 “free trading” shares of the company’s common stock from another Seller yesterday at a price of $0.000075 per share. That seller is no longer offering the shares in the market. Total purchases to date by the Joint Venture Company now total to 2,603,863,000 shares of “free trading” common stock. All purchases by the Joint Venture Company were transacted "off market" to eliminate brokerage costs and avoid distortion of trading volumes. The purchases…

ThursdayFeb 19, 2009 8:31 am

Diversified Strategy Promises to Sustain Enterprise Oilfield Group Inc. (TSX: E) During Period of Low Oil Prices

By acquiring the well established TC Backhoe & Directional Drilling Inc., Enterprise Oilfield will be able to perform better than most oil field service companies that are less diversified. TC generates more than 75% of its revenues from infrastructure, and the rest from the energy service sector. The utility infrastructure & directional drilling business accounted for 39% of Enterprise’s revenues for the 9 months ended September 2008. Currently, services provided by this segment includes installation of underground power, telecommunications and natural gas lines for some large companies, such as Shaw Communications (NYSE: SJR) and Fortis Inc. (TSX: FTS). According to management, the bulk…

ThursdayFeb 19, 2009 8:09 am

Cleartronic Inc. (CLRI.OB) Given “Speculative Buy” Rating

Beacon Equity Research recently issued a research report featuring Cleartronic, Inc. and its wholly owned subsidiary, VoiceInterop. The research bureau is a leading research provider that is committed to finding undiscovered small cap companies and bringing them to the attention of the investing community. The worldwide market for unified communications solutions is expected to nearly double in size from $25.5 billion in 2008 to $48.7 billion in 2012. If the company captures only a small percentage of the market through installations and hosted network subscriptions, it would produce substantial revenues. Based on conversations with management, Beacon Equity believes that FY…

ThursdayFeb 19, 2009 6:54 am

Visualant, Inc. (VSUL.OB) Signs LOI to Acquire TransTech Systems, Inc.

Visualant announced today that it has entered into a Letter of Intent to acquire TransTech Systems, Inc. of Wilsonville, OR. TransTech Systems is a leading provider of identification, security and authentication products and services. With more than $10 million in annual revenues, TransTech can provide an established market presence to rapidly deploy Visualant's enhanced security and authentication solutions. Ron Erickson, Visualant Chairman, commented, “We are thrilled to be joining forces with Jim and the TransTech team. They have a great reputation for leadership in the provision of client-oriented security and authentication solutions and provide a solid base for distribution of…

ThursdayFeb 19, 2009 6:43 am

Hunt Gold Corp. (HGLC.PK) Issues Convertible Bonds to Eliminate All Debt and Strengthen Balance Sheet

Today before the opening bell, Hunt Gold Corp. announced that it has authorized an issue of up to $10 million of Convertible Bonds. These bonds are being issued to eliminate existing loans made to the company. The company intends to settle all of these loans through the issuance of convertible bonds by the end of this month. Hunt Gold Corporation's cash requirements are enormous considering its extensive exploration and drilling program, ongoing monthly overhead costs, the costs of its Geologists, Professional Advisors and Consultants, its fifty percent share of the Joint Venture Company which is actively acquiring shares of Hunt…

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